Japan and Peru | On 29 January 2021, the Double Taxation Agreement (DTA) between Japan and Peru entered into force. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 15%. The DTA will apply from 1 January 2022. |
Georgia and Japan | On 29 January 2021, the Double Taxation Agreement (DTA) between Georgia and Japan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Tbilisi. |
Cambodia and Korea (Rep.) | On 29 January 2021, the Double Taxation Agreement (DTA) between Cambodia and Korea (Rep.) entered into force. The DTA will apply from 1 January 2022. |
Czech Republic and Senegal | On 27 January 2021, the lower house of parliament of the Czech Republic approved the Double Taxation Agreement (DTA) with Senegal. |
France and Luxembourg | On 27 January 2021, France ratified the amending protocol to the Double Taxation Agreement (DTA) with Luxembourg. |
Czech Republic and San Marino | On 27 January 2021, the Double Taxation Agreement (DTA) between the Czech Republic and San Marino was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Rome. |
Chile and Netherlands | On 25 January 2021, the Double Taxation Agreement (DTA) between Chile and the Netherlands was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Santiago. |
Korea (Rep.) and Vietnam | On 20 January 2021, the amending protocol to the Double Taxation Agreement (DTA) between Korea (Rep.) and Vietnam entered into force. The protocol will apply from 1 January 2022. |
Kosovo and Latvia | On 19 January 2021, Kosovo ratified the Double Taxation Agreement (DTA) with Latvia. Furthermore, the DTA contains Dividends rate 0% for at least 10% capital holding; otherwise 10%, Interest rate 0% if the beneficial owner is a company; otherwise 10%, Royalties rate 0% if the beneficial owner is a company; otherwise 5%. |
Germany and Ireland | On 19 January 2021, officials from Germany and Ireland signed an amending protocol to the Double Taxation Agreement (DTA) between them. |
Cyprus and Russia | On 15 January 2021, the amending protocol to the Double Taxation Agreement (DTA) between Cyprus and Russia entered into force and applied from 1 January 2021. |
Bangladesh and Czech Republic | On 15 January 2021, the Double Taxation Agreement (DTA) between Bangladesh and Czech Republic entered into force. The DTA contains Dividends rate 10% for at least 25% capital holding; otherwise 15%, Interest rate 10%, Royalties rate 10%, and Fees for Technical Services 10%. The DTA will apply from 1 July 2021 for Bangladesh and from 1 January 2022 for the Czech Republic. |
Bulgaria and Netherlands | On 14 January 2021, the National Assembly of Bulgaria approved the law for the ratification of the Double Taxation Agreement (DTA) with the Netherlands. |
Albania and Luxembourg | On 13 January 2021, the Council Ministers of Albania approved the ratification of the Double Taxation Agreement (DTA) with Luxembourg. |
Germany and UK | On 12 January 2021, officials from the United Kingdom (UK) and Germany signed an amending protocol to the Double Taxation Agreement (DTA) between them. |
Hungary and Iraq | On 4 January 2021, Iraq has declared the ratification of the Double Taxation Agreement (DTA) with Hungary. |
Austria and Ukraine | On 29 December 2020, Mr. Volodymyr Zelensky, the President of Ukraine signed the law ratifying the amending protocol to the Double Taxation Agreement (DTA) with Austria. |
Japan and Peru | On 29 December 2020, Peru ratified the Double Taxation Agreement (DTA) with Japan. |
Argentina and Qatar | On 29 December 2020, Argentina has ratified the Double Taxation Agreement (DTA) with Qatar. |
Japan and Serbia | On 29 December 2020, the National Assembly of Serbia approved the ratification of the Double Taxation Agreement (DTA) with Japan. |
Japan and Uruguay | On 29 December 2020, Uruguay ratified the Double Taxation Agreement (DTA) with Japan. |
Cambodia and Malaysia | On 25 December 2020, the Double Taxation Agreement (DTA) between Cambodia and Malaysia has entered into force and applied from 1 January 2021. The DTA contains Dividends rate 10%, Interest rate 10%, Royalties rate 10%, and Fees for Technical Services 10%. |
Kenya and Mauritius | On 22 December 2020, Kenya’s lower house of Parliament approved the Double Taxation Agreement (DTA) with Mauritius. |
Cambodia and Korea (Rep.) | On 9 December 2020, the National Assembly of Korea (Rep.) ratified the Double Taxation Agreement (DTA) with Cambodia. |
Finland and Germany | On 3 November 2020, the amending protocol to the Double Taxation Agreement (DTA) between Finland and Germany entered into force and applied from 1 January 2021. |
Bahrain and Pakistan | On 13 July 2020, the amending protocol to the Double Taxation Agreement (DTA) between Bahrain and Pakistan entered into force and the protocol applied from 13 July 2020. |
Oman and Sri Lanka | The Double Taxation Agreement (DTA) between Oman and Sri Lanka has entered into force and applied from 1 January 2021. |
Tax Treaty News: February 2021
24 February, 2021